• Public.com / Invest in Stocks and Engage in Community

    Brand:Public
    02
    • Public.com enables you to invest in stocks and funds, commission-free through an easy-to-use mobile interface.
    • Community features allow you to follow friends and expert investors, share insights, and interact.
    • No account minimums. Buy and sell fractional shares.

    Promotion: Get a $10 share of stock for new signups.

  • Robinhood / Commission-Free Stock Trading and Investing

    Brand:Robinhood
    01
    • Robinhood Invest offers 100% commission-free trades of stock, ETF, fractional shares, options, and cryptocurrency.
    • $0 account minimum with no monthly account fees.

    Promo: Get 1 FREE Stock with account opening. No deposit is required.

  • Blooom / 401(k) and IRA Analysis and Optimization

    Brand:Blooom
    01
    • Blooom helps you optimize and manage your employer-sponsored retirement plans no matter where you work or where the plan is held.
    • Analysis of 401k, 403b, and IRAs for performance insights, asset allocation, and fund fees.

    Bonus: Get a free analysis of your retirement plan’s performance in 2 minutes.

  • Webull Stock Trading / $0 Commission and No Minimum

    Brand:Webull
    02
    • Webull is a zero-commission online brokerage to trade stocks, fractional shares, ETFs, and options trading.
    • Full-extended hours trading, free real-time quotes, and community forum.
    • $0 minimum balance. Invest with as little as $5.

    Promotion: Receive 2 FREE stocks. Open an account and make an initial deposit of any amount.

  • Webull Crypto / Trade Popular Cryptocurrencies – Start with Just $1

    Brand:Webull
    01
    • Webull Crypto allows you to buy and sell cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC).
    • Zero-commission fees with 24/7 hour trading availability.
    • $1 minimum balance.

    Promotion: Get $5 of $SHIB for new crypto traders.

  • BlockFI / Buy, Borrow & Earn Rewards with Crypto

    Brand:BlockFi
    • BlockFi offers interest-earning accounts, low-cost crypto-backed loans secured, and fee-free trading of popular cryptocurrencies.
    • Get zero transaction fees with no minimum balance requirements.

    New Account Promo: Get up to $250 in Bitcoin for funding an account.

     

  • Coinbase / Buy and Sell Bitcoin, Ethereum and Altcoins

    Brand:Coinbase
    • Coinbase is the largest cryptocurrency exchange with more than 50 cryptos.
    • Buy, sell, and manage your cryptos.
    • Earn crypto rewards for learning about cryptocurrencies.

    Coinbase Promo: Get $5 of Bitcoin (BTC) for signing up.

  • Crypto.com / Low Fee Exchange to Buy & Sell Cryptocurrencies

    • Crypto.com is a crypto exchange with a mobile app and online platform.
    • Buy and sell 90 cryptocurrencies with 20+ fiat currencies using bank transfers or your credit & debit card.
    • A low-fee crypto exchange that offers much more.
  • Kraken Crypto / Advanced Crypto Trading Features

    Brand:Kraken
    • Kraken is a cryptocurrency exchange to buy Bitcoin and 50+ cryptos for beginners and experienced users.
    • Get 24/7 support, lower fees, and versatile funding options.

    Looking to buy and sell cryptos? Read our review of Coinbase and Crypto.com as alternatives.

  • SoFi Active Investing / Invest Starting with $5 – Stocks, ETFs

    Brand:SoFi
    • SoFi Active Investing allows you to buy and sell stocks, fractional shares, and ETFs.
    • No commission trades no account minimums.

    SoFi Invest promo: Fund your account with $100 and get $25 in stock.

  • Gemini Crypto Exchange / Buy, Sell and Store Crypto Assets

    Brand:Gemini
    • Gemini Crypto offers 50+ cryptocurrencies to buy, sell, and store your crypto assets.
    • A simple and secure platform to build your crypto portfolio.
  • Public.com Crypto / Buy, Sell and Hold Crypto Assets

    Brand:Public
    • Public.com Crypto lets you buy, sell and hold crypto assets for as little as $1.
    • Join a community of investors and access educational content and investing tools.

    New Account Promo: Signup and get a $10 share of stock.

  • Cash App Crypto / Buy and Sell Bitcoin with Ease

    Brand:Cash App
    • Cash App crypto is an easy way to buy and sell Bitcoin right from the mobile app.
    • Get started with $1 and use your Cash App balance.

    New Account Promo: Signup with Cash App and get a $5 bonus. Use Code: TDRCVVJ 

  • Venmo Crypto / Buy, Sell and Hold Cryptocurrencies

    Brand:Venmo
    • Venmo crypto allows you to buy and sell four types of digital assets–Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
    • Get started investing with as little as $1.

    New Account Promo: New Venmo users get $5 for signing up and making a payment.

  • SoFi Crypto / Trade Cryptocurrencies and Learn as You Go

    Brand:SoFi
    • SoFi Crypto lets you buy and sell cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ethereum Classic.
    • Trade cryptos with as little as $5.

    Promo: New SoFi Invest users–get $25 in stock after funding account with $100.

What is investing?

Investing is the act of committing money to an endeavor with the expectation of earning additional income or profit. There are a number of ways you can invest such as stocks, bonds, index funds, mutual funds, real estate, or your own business. There are many pros and cons to investing but depending on your risk tolerance one may be a better fit for you. Learn more about the basics of investing.

Investment Account Types

Probably the two most common types of investment accounts are retirement accounts in the form of either IRAs or variations of the 401k and traditional brokerage accounts. But there are a few others that can be used for specified purposes.

How to Find Best Investing Apps

Your portfolio is basically the total amount of investments you have in one or more investment account. To get started with a portfolio, answer the following three questions:

1. What kind of investment account do you want to open?

2. Where do you plan to open that account?

3. How much risk can you handle?

Each type of investment account, whether it’s a 401k plan, IRA, standard brokerage account, college savings 529 plan, or health savings account (HSA) will have its advantages and disadvantages.

Where you open your investment account matters because different brokerages will require different investment minimums, charge different fees, and allow for different investments in the account.

You also need to know how much risk you can handle because stocks, bonds, mutual funds, ETFs, and other securities have different risks associated with market movements.

What are Discount Online Brokerages?

A discount online brokerage is often associated with companies like Charles Schwab and Ally Invest. A discount broker is a stockbroker that performs buy and sell orders at a reduced commission rate.

Most discount brokers operate using online platforms and mobile apps without the need to directly engage with a stockbroker.

Recently, most stock trading is now commission-free offered by the likes of Robinhood (who started the trend).

What are Micro-investing Apps?

Micro-investing apps help people accumulate investments in a small incremental way. Some apps allow investors to start with as little as $1 to buy a fraction of shares or ETFs (exchange-traded funds). The goal behind micro-investing is to open the stock market to people who may not have hundreds or thousands of dollars to get started.

What are Robo Advisors?

A robo-advisor is distinct from the other platform as it offers guided advice through an investment philosophy and proprietary algorithms.

A robo-advisor app gives smaller investors access to advisory services that were typically only offered to high net-worth individuals. These platforms offer you the opportunity to invest smaller amounts and pay lower fees compared to traditional investment advisors.

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